Here are the quick facts you need to know about Kalashnikov Concern, one of the world’s most well-known small arms manufacturers.
- The company and its subsidiaries also manufacture more advanced conventional weapons systems and vehicles including rockets and small watercraft.
- Kalashnikov Concern was sanctioned by OFAC in July 2014 under Executive Order 13661 and added to the CAATSA Section 231 List of Specified Persons in October 2017.
- Kalashnikov Concern is integrated within a broader corporate network that manufactures both defense-sector materiel and equipment as well as goods with civilian or dual-use applications such as unmanned aerial vehicles. This network relies on cross-border supply chains, logistics, and financial flows and could expose your institution to sanctions risk.
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